4 FAQs about Canada s new energy storage requirements

Does Canada need energy storage?

Canada aims to reduce its greenhouse emissions by 45–50% below 2005 levels by 2035. In its 2022 report, ESC noted that the country would need at least 8 to 12GW of energy storage to achieve this goal. Energy storage can continue to grow from provincial governments integrating energy storage into existing regulatory framework.

Who is energy storage Canada?

Energy Storage Canada is the only national voice for energy storage in Canada today. We focus exclusively on energy storage and speak for the entire industry because we represent the full value chain range of energy storage opportunities in our own markets and internationally.

What types of energy storage are available in Canada?

There are three main types of energy storage currently commercially available in Canada: Storage is playing an increasingly important role in the electricity system by improving grid reliability and power quality, and by complementing variable renewable energy sources (VRES) like wind and solar.

Will Canada be able to deploy 1500 gigawatts of energy storage?

And following COP 29 last month, Canada, alongside 50 other countries, including Germany, Saudi Arabia, the United Kingdom, and the United States, endorsed a voluntary pledge and committed to pursue efforts towards a collective goal to deploy 1,500 gigawatts of energy storage globally by 2030 – more than six times the capacity of 2022.

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